Twitter Sold To Elon Musk?
This is going to cause a big splash!
At the time of writing it has just been revealed that Twitter is very close to reaching a final deal and selling itself to Elon Musk for around an astounding $43 billion in cash!
According to Reuters, Musk offered what he called his “best and final” offer to purchase Twitter for $54.20-per-share.
Musk made sure to add the $4.20 into the $50 price per share offer because “4.20” is an inside joke often used by individuals who partake in the consumption of recreational marijuana.
Furthermore, it appears that Twitter was unable to secure so far a ‘go-shop’ provision in their agreement with Musk, which means that they wouldn’t be able to solicit other bids once the deal is signed.
Musk moved to takeover Twitter after he felt that freedom of speech was being overly censored on the platform and he decided to make things “right” again.
“The company will neither thrive nor serve this societal imperative in its current form,” Musk said while criticizing their business model.